116 S Lincoln Ave Active

Loveland,CO 80537

$ 850000

- Bed

- Bath

- SqFt


Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Subdivision Ballard Place

MLS Listing ID 1036963

HOA Y/N false

Year Built 2012

Annual Tax Amount $4,863

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type Income Property

Source IRES MLS

Property Description

This 1971 sq ft commercial building is in a prime location near the corner of 287 and 1st St. It was used as a restaurant (Three Amigos Cantina) - which is also available for purchase) and comes 1612 sq ft income generating quadplex on the backside of the property. The restaurant is currently rented out on a 3 year lease generating $2800 p/mo. 3 units currently rented out in the quadplex for $800, $650, $1065 and the 4th unit is being used as storage. There is a new roof as of 2024. The property is Zoned BE.

Location

State CO

County Larimer

Area Loveland/Berthoud

Zoning BE

Rooms

Basement None

Interior

Interior Features Floor: Drains

Heating Forced Air

Cooling Refrigeration/HVAC

Flooring Ceramic Tile

Exterior

Parking Features Paved

Utilities Available Natural Gas Available,Electricity Available

Roof Type Composition

Street Surface Paved,Concrete

Building

Lot Description Curbs,Sidewalks

Sewer City Sewer

Water City Water,City of Loveland

Structure Type Wood/Frame,Brick/Brick Veneer,Wood Siding,Concrete

New Construction false

Schools

Elementary Schools Winona

Middle Schools Bill Reed

High Schools Mountain View

School District Thompson R2-J

Others

Senior Community false

Tax ID R0416096

SqFt Source Assessor

Special Listing Condition Private Owner

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